NIFTY reversed exactly as anticipated. Now bullish bias in on.

As posted on yesterday 13 Dec, the hidden bullish divergence between NIFTY and SMT worked in favor of our bullish position (see the chart below). NIFTY inched higher and closed 51 points (0.62%) up. In the absence of any new anomaly or divergence created we maintain the bullish bias and hold the current positions.

Tags: hidden divergence, custom indicator, divergence, proprietary trading, futures, trading, smart money tracker, smart money, nifty, indian stock market, forecasting, regular divergence, derivatives, finance, prediction, options, market analysis

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